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The Competition Policy and Consumer Rights Research Center under the Competition Promotion and Consumer Protection Committee of the Republic of Uzbekistan continues its consistent efforts to increase the share of domestic products in local markets and to conduct in-depth research on the state of competition.
From October 13 to 27, within the framework of the “Belt and Road Initiative,” an international seminar dedicated to competition legislation and its enforcement practices was held in Beijing and Shenzhen, People’s Republic of China.
Scientific analysis in the field of competition policy and consumer protection is accelerating in Uzbekistan
At the international conference “Application of Marketing Concepts in the Green Economy,” PhD O.Jumaev, Director of the Competition Policy and Consumer Rights Research Center under the Competition Promotion and Consumer Protection Committee of Uzbekistan, delivered a presentation titled “The Role of Competition Policy in the Development of Digital Trade Platforms.”
Human capital, market analysis, and scientific approach — results and prospects
The Competition Policy and Consumer Rights Research Center under the Competition Promotion and Consumer Protection Committee of Uzbekistan operates as a strategic think tank dedicated to analyzing the competitive environment and scientifically supporting public policy in Uzbekistan. Over the first nine months of this year: ⏺ Nearly 300 product markets were analyzed. ⏺ In the chemical industry, 541 types of products were studied, and import dependency was identified for 281 of them. ⏺ The market saturation level of more than 300 markets with domestically produced products was assessed, and promising directions were recommended for investors. Scientific analyses are carried out using the ARIMA model, enabling short-term price forecasts for socially significant goods such as rice, milk, potatoes, carrots, and poultry and beef meat. This helps anticipate inflationary risks in advance. Entrepreneurs are now able to submit special requests to obtain analysis results on a specific sector or product of their interest. To date, more than 100 such requests have been received and analytical work is currently underway. Human capital is growing: Since the beginning of the year, more than 100 employees within the Committee’s system have participated in capacity-building and international training programs. Training has been organized in cooperation with BRICS, UNCTAD, UNDP, JICA, and the World Bank, while joint research is being carried out with local universities and think tanks under international cooperation initiatives. By enhancing scientific analysis, digital economic forecasting, and talent development, the Center continues contributing to the creation of a fair and competitive market environment in the country. More details are available on Uzbekistan24 TV channel.
Within the framework of the international conference, Olimjon Jumayev, Director of the Competition Policy and Consumer Rights Research Center under the Competition Promotion and Consumer Protection Committee of the Republic of Uzbekistan, Liu Xinhai, Director of the Competition Policy and Assessment Center under the State Administration for Market Regulation of China, and Otabek Nasirov, Chairman of the “Central Asia Fintech Association” NGO signed Memorandums of Understanding and Cooperation.
This document is aimed at establishing a long-term, effective, and mutually beneficial partnership between the Parties to implement joint initiatives focused on the development of competition policy and the protection of consumer rights in the context of the digital economy. This cooperation marks an important step towards building trust, openness, and innovative progress between the Center and the Association. #International Conference #Competition Policy
The international conference was inaugurated with a welcoming speech by Khalilillo Turakhodjaev Chairman, of Competition Promotion and Сonsumer protection Committee of the Republic of Uzbekistan.
In his opening remarks, the Chairman emphasized the importance of studying international experience in the field of digital market regulation and the implementation of modern regulatory mechanisms. He also highlighted that digital platforms today play a vital role not only in the economy but also in broader societal life, noting the necessity of establishing a robust legal framework to ensure their development within a fair and competitive environment. On the first day of the conference, a series of panel sessions will be held on the following topics:“Competition Law in Digital Markets: A Recap of Best Practices”“Emerging Influence of AI on Competition and Market Power in Digital Markets”“Merger Control in Digital Markets – the Case of Ecosystem Mergers” This international conference will play an important role in introducing modern mechanisms of digital market regulation in Uzbekistan and further advancing competition policy.
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